Lot 51 - Canalfan Rhys Art Centre, plus a Row of 4 Terraced Houses Heol Dyfed, Penrhys, Ferndale, CF43 3PT

  • Unconditional Online Auction Sale
  • Guide Price* : £59,000+

Art Centre & Four Houses for Owner Occupation/Investment

Description

ONLINE AUCTION from 19th OCTOBER-21st OCTOBER

A rare opportunity to acquire a portfolio of attached ex-council properties to include Art Centre/maisonette, a terrace of 2 three bedroom houses and 2 two bedroom houses. The properties are derelict and require complete renovation. The estate includes grass areas and benefits from far reaching hillside views.

Penrhys is a village in the county borough of Rhondda Cynon Taf, situated on a hillside overlooking both valleys of Rhondda Fawr and Rhondda Fach. It is situated around 1,100 ft above sea level and is a district of Tylorstown. Until the late 16th century, Penrhys was one of the holiest sites for Christian pilgrims in Wales. The village of Penrhys that exists today was first developed in 1966 as a new modern council housing development, shopping can be found at nearby Tylorstown.

Excellent rental opportunity. Estimated rental per month £625 (2 bedrooms)
£650 (3 bedrooms)

VIRTUAL TOUR

Please Note: Currently derelict but could provide:

Accommodation

Column 1 Column 2 Column 3
Property Floor Description
Art Centre/Maisonette Ground Floor Large hall, communal toilets, store rooms
Maisonette Mezzanine level could provide Lounge, kitchen, bedroom and bathroom areas, communal parking area, grassed area, potential off road park (subject to necessary consents).
House A Ground Floor Lounge, kitchen & cloakroom areas
First Floor 3 bedrooms, bathroom area
Outside Small grass area to front, communal parking area
House B Ground Floor Lounge, kitchen, cloakroom areas
First Floor 3 bedrooms, bathroom area
Outside Small grass area to rear, communal parking area
House C Ground Floor Lounge, kitchen area
First Floor 2 bedrooms, bathroom area
Outside Communal parking area
House D Ground Floor Lounge, kitchen area
First Floor 2 bedrooms, bathroom area
Outside Communal parking area

Viewing Schedule

Date Time
Thur 07 Oct - Fri 15 Oct - Wed 20 Oct 13:50

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Sold for £70,000

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Office Contact

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Paul Fosh Auctions
01633 254044

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